For new subscribers—
I use Fibonacci Sequences as the core of my analysis. I do implement both mechanical and contextual levels (from market profiles) in my analysis. I typically use mechanical levels to identify potential areas of support/distribution.
If you do enjoy my posts and want to support it by liking it, that is greatly appreciated!
Just a quick note—
I color code just so they are easier to read and understand, since there are alot levels with fibs.
Blue - discount zones (support levels)
Purple - zones I’m looking for price to defend, (line in the sand)
Red - premium zones (resistance / distribution zones)
Going into the week
I am on the ESZ25 chart, so if make sure you are looking at the same contract as I am
ES + SPX charts — just take it easy, expect volatility and take it day by day.
I am taking it easy this week, so after FOMC I’ll have a better idea/write up.
